Video & Transcript : 'depository institution' :

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MN

Minnesota 2025-2026 Regular Session

House Higher Education Finance and Policy Committee 4/16/26

Higher Education Finance and Policy

Transcript Highlights:
  • </c><00:03:59.520><c> largely</c> for post-secondary institutions largely for post-secondary institutions
  • </c> public institution. public institution.
  • Up to the highest public institution tuition, so that access to all institutions is possible for students
  • In the Twin Cities to the average of all public institutions.
  • . institutions. institutions.
Bills: HF4252
WA

Washington 2025-2026 Regular Session

Senate Higher Education & Workforce Development Jan 29th, 2026 at 01:30 pm

Higher Education & Workforce Development

Transcript Highlights:
  • These are great institutions, like I said, we want the best institutions in our nation.
  • And by institutions, it's new tuition revenue.
  • In practice, this amounts to repeated budget cuts for our institutions.
  • I'm Amy Morrison, president of Lake Washington Institute of Technology.
  • attending public two-year institutions.
OK

Oklahoma 2026 Regular Session

Technology and Telecommunications REVISED Feb 19th, 2026 at 10:00 am

Technology and Telecommunications

Transcript Highlights:
  • Do we have an idea of how many institutions are kind of comparable in this range?
  • And so I'm just trying to understand, you know, roughly how many other institutions might fall into these
  • industry, turning it into economic impact and jobs here we want to align with some of the larger institutions
Bills: SB1670 , SB1716 , SB1521
MN

Minnesota 2025-2026 Regular Session

House Agriculture Finance and Policy Committee 3/26/25

Agriculture Finance and Policy

AZ

Arizona 2026 Regular Session

02/03/2026 - House Commerce

Commerce

Transcript Highlights:
  • And then they instituted the rule because people need death certificates. ...some time ago, and then
  • they instituted the rule because people need death certificates expeditiously.
  • I'm here on behalf of the William Morris Institute for Justice.
  • The Mars Institute just did a really good job of giving us a lot of the background on a lot of these
  • Chair, members, House Bill 2903 prohibits the state from requiring a bank or financial institution to
TX

Texas 89th Regular

Finance May 14th, 2025

Finance

Transcript Highlights:
  • Place some gold there in the depository.
  • You own that in the depository.
  • The depository is in Leander today.
  • to the depository facility.
  • So this is a depository. So when a...
Committee: Senate Finance
Summary: The committee heard Senator Flores lay out the committee substitute for HB 2894, which would expand state reimbursement eligibility for local governments disproportionately affected by the disabled veterans homestead exemption. Flores said the bill would add certain municipalities in Bell, Coryell, and Lampasas counties if lost ad valorem tax revenue equals or exceeds 10% of general revenue, while existing recipients would remain under the current 2% threshold. Lampasas and Bell County officials and the City of Killeen testified in support, describing significant revenue losses and urging adequate funding. One witness, Howard Avery, argued any reimbursement should be counted as property tax revenue for voter-approval rate purposes to avoid a windfall. The committee later adopted the substitute and reported the bill favorably, with one nay. The committee also heard SB 782, which would create a temporary severance tax exemption for restimulated inactive oil and gas wells, intended to encourage investment in mature wells. The Comptroller explained the revised fiscal note as effectively zero because the wells are currently marginal and not generating meaningful tax revenue, while industry witnesses said the bill could extend well life, support local economies, and reduce orphan-well liabilities. Public testimony was supportive, and the bill was left pending. Members then heard HB 3033, a DPS-related grant program funded by voluntary $3 donations on driver’s license and ID applications to support nonprofits aiding injured or fallen DPS officers and their families, including memorial highway signs. The DPS Officers Association supported the bill, citing existing foundation assistance and the need for a steady funding stream. The committee later reported the bill favorably. The committee also considered SB 524, which would permanently extend the franchise tax and fee exemption for qualifying veteran-owned businesses for their first five years; testimony from a veteran business owner and veterans advocates supported the measure, and the committee adopted the substitute and reported it favorably. Additional measures were laid out and left pending or voted out: HB 3594, a local San Antonio retiree health care fund bill with agreed changes for contributions, spouse benefits, and remarriage rules, was supported by stakeholders and reported favorably; HB 4738 would repeal small administrative fees tied to certain loans and was reported favorably; HB 42 on HEAF funding and HB 5246 on the Texas Space Commission were heard and left pending. The committee also reported HB 3474, a cleanup bill for the Pension Review Board’s investment performance review schedule, and HB 2802, the Austin firefighter retirement fund bill, both favorably. Finally, the committee took up HB 1056, which would allow gold and silver held in the Texas Bullion Depository to function as legal tender through debit-card transactions. Supporters framed it as a way to use hard assets and expand financial options, while bankers and some senators raised major operational, consumer-protection, tax, and constitutional questions; the bill remained under discussion as testimony began.
MN

Minnesota 2025-2026 Regular Session

House Higher Education Finance and Policy Committee 3/24/26

Higher Education Finance and Policy

Transcript Highlights:
  • Um so it would not cover institution.
  • So, that's equivalent to which institution, because typically we cap it of the four-year institution?
  • </c><01:25:23.120><c> if</c> what happens to those institutions if what happens to those institutions
  • institutions are treating these exempt institutions by<01:30:47.600><c> making</c><01:30:48.239><c>
  • Can you provide those institutions?
Bills: HF4362 , HF4252 , HF4440
LA

Louisiana 2026 Regular Session

Commerce Mar 17th, 2026

Commerce

Transcript Highlights:
  • Newell, that it allows the financial institution.
  • Well, you know, I can't really speak for every financial institution. Yes.
  • Amendment 2 amends the requirement to be considered a bouillon depository.
  • Amendment 2 amends the requirement to be considered a bouillon depository.
  • And that is insurance by the company that is setting up this depository.
Bills: HB489 , HB545 , HB555 , HB583 , HB670 , HB672 , HB797 , HB814 , HB913 , HB952
FL

Florida 2026 Regular Session

Banking and Insurance Mar 25th, 2025

Banking and Insurance

Transcript Highlights:
  • It would be held at a state-authorized depository.
  • It's in a depository for them.
  • Loomis and others also have gold depositories.
  • Chair, related to the depository, and I think my colleagues here have noted that very well, the depository
  • Chair, related to the depository, and I think my colleagues here have noted that very well, the depository
Summary: The committee first took up SB 794, as amended by a late-filed strike-all, which would require a human being to make insurance claim denial decisions and prohibit artificial intelligence from being the sole basis for a denial. The sponsor said the bill was intended to preserve human oversight while allowing innovation in claims processing. Public testimony included support from the Florida Insurance Consumer Advocate and the Florida Medical Association, along with one speaker urging additional protections for homeowners. The committee adopted the strike-all and reported SB 794 favorably with committee substitutes. Members then heard SB 134, which removes the $500 threshold on the sales tax exemption for bullion, making sales of gold, silver, and platinum bullion fully exempt and eliminating certain dealer documentation requirements. Supporters argued the change would reduce a regressive tax and help consumers preserve savings; the sponsor estimated a revenue impact of about $300,000. The bill was reported favorably. The committee also adopted a strike-all on SB 888, which directs the Office of Insurance Regulation to create a more consumer-friendly homeowners insurance website with premium comparison information, market data, rate filing access, and educational resources. The sponsor and Leader Boyd said the goal was to improve transparency and help consumers navigate a stabilizing market. SB 888 was reported favorably with committee substitutes. The final bill heard was SB 1578, covering mammograms and supplemental breast cancer screenings. The sponsor said it would expand coverage requirements in ACA plans and private insurance policies, including annual mammograms for women ages 40 to 50 and supplemental screening coverage, while noting Medicaid already provides these services. The Florida Insurance Consumer Advocate waived in support, and the bill was reported favorably. After the bills, the committee held a lengthy panel discussion on gold and silver as legal tender and transactional money, with testimony from officials from Utah and Florida, industry representatives, and advocacy groups. Panelists discussed constitutional authority, consumer protections, depository oversight, taxation issues, and possible transactional platforms for precious metals. No further action was taken after the discussion, and the committee adjourned.
FL

Florida 2025 Regular Session

Banking and Insurance Mar 25th, 2025

Transcript Highlights:
  • It's the depository for them.
  • I Count Depository where you have gold. Is that am I hearing that correctly?
  • But in the Brinks depository, their Loomis and others also have goal Depositories.
  • The depository is instrumental in the process, right?
  • itself to consent to keep consumer confidence and that and that depository as well.
AZ

Arizona 2026 Regular Session

02/03/2026 - House Regulatory Oversight

House Regulatory Oversight Committee of Reference

Transcript Highlights:
  • House Bill 2123 establishes the Arizona bullion depository under the Arizona State Treasurer and permits
  • Those closest to newly created money, financial institutions, Wall Street, are the ones that benefit.
  • Citizens would purchase gold held in a state depository. The gold is fully allocated.
  • It does not belong to the depository.
  • The depository is not a bank. It's a warehouse where bullion is stored on a one-to-one basis.
Summary: The Committee on Regulatory Oversight heard two bills related to Arizona bullion and gold-backed transactions. HB 2123 would establish an Arizona bullion depository under the State Treasurer, allow third-party administration and electronic payment systems, require insurance for deposits, and recognize gold and silver as legal tender. Representative Lisa Fink presented the bill as a way to provide an optional, inflation-resistant payment method and to make gold and silver more accessible to ordinary Arizonans; a witness from the Transactional Gold and Silver Project described the depository as a fully allocated, insured warehouse system tied to a debit card and said the model had been used in other states. The committee voted 4-0 with one present to give HB 2123 a do pass recommendation. The committee then considered HB 2140, which would allow state and local governments to use the Arizona bullion depository, permit the State Treasurer to place up to 10% of state monies in bullion there, and require rulemaking by the Department of Insurance and Financial Institutions. Representative Fink again argued that holding some bullion could diversify state assets and reduce counterparty risk, citing Utah’s treasurer and broader central bank gold accumulation. A member asked about the bill’s rulemaking language and the sponsor said she was open to discussing changes with the State Treasurer. With no public testimony, the committee voted 4-0 with one present to recommend HB 2140 do pass, and then adjourned.